Based on today's classical pivot point (P1) with the value of $0.0₉1866, NFTBooks has support levels of $0.0₉1718, $0.0₉1625, and the strongest at $0.0₉1477. Similarly, NFTBooks resistance levels are at $0.0₉1959, $0.0₉2108, and $0.0₉2201.
| # | Price | Strength |
|---|---|---|
| S1 | $0.0₉1718 | |
| S2 | $0.0₉1625 | |
| S3 | $0.0₉1477 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.0₉1959 | |
| R2 | $0.0₉2108 | |
| R3 | $0.0₉2201 |
Technical indicators are an essential tool for conducting technical analysis. They provide insights into an asset's market status, investor sentiment, and more, thereby helping investors make more informed trading decisions.
| Period | Value | Action |
|---|---|---|
| RSI (14) | 1.72 | BUY |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 15.71 | BUY |
| Commodity Channel Index (20) | -666.67 | BUY |
| Average Directional Index (14) | 70.00 | SELL |
| Awesome Oscillator (5, 34) | -0.00 | SELL |
| Momentum (10) | -0.00 | NEUTRAL |
| MACD (12, 26) | -0.00 | SELL |
| Williams Percent Range (14) | -84.29 | BUY |
| Bull Bear Power (13) | -0.00 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 15.71 | BUY |
| VWMA (10) | 0.00 | SELL |
| Hull Moving Average (9) | 0.00 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.00 | NEUTRAL |
Over the past 7 days, NFTBooks price was most positively correlated with the price of World Liberty Financial (WLFI), Polygon Ecosystem Token (POL), Pi Network (PI), Stellar (XLM) and Algorand (ALGO) and most negatively correlated with the price of Dash (DASH), Decred (DCR), JUST (JST), Aerodrome Finance (AERO) and Venice Token (VVV).
| Name | Correlation |
|---|---|
| World Liberty Financial | 0.754 |
| Polygon Ecosystem Token | 0.638 |
| Pi Network | 0.486 |
| Stellar | 0.452 |
| Algorand | 0.431 |
| Name | Correlation |
|---|---|
| Dash | -0.830 |
| Decred | -0.825 |
| JUST | -0.800 |
| Aerodrome Finance | -0.783 |
| Venice Token | -0.773 |
NFTBooks price is negatively correlated with the top 10 coins by market cap with a price of -0.217, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.309.
Currencies that are positively correlated with NFTBooks indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with NFTBooks, a move in one direction for NFTBooks would translate into a move in the opposite direction for the negatively correlated coin.
